XML 96 R85.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value (Unobservable Input Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Residential mortgage loans - FVO        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period $ 175 $ 262 $ 188 $ 299
Total realized/unrealized gains (losses) included in net income (loss) 6 2 10 8
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 (39) (7) (64)
Issuances 0 0 0 0
Settlements (5) (7) (15) (25)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 176 218 176 218
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 6 (8) 6 (7)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 6 (8) 6 (7)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Net Derivatives        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 1 28 52 36
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period (28)   801  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Balance, beginning of period 938 73 (72) (192)
Total realized/unrealized gains (losses) included in net income (loss) 5 81 236 51
Total realized/unrealized gains (losses) included in AOCI (20) 215 993 439
Purchases 0 0 0 4
Sales 0 0 0 0
Issuances 0 0 0 (1)
Settlements (132) (115) (366) (47)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period 791 254 791 254
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 1 28 52 36
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period (28)   801  
Net Embedded Derivatives        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 266 (423) (894) (843)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Balance, beginning of period (2,571) (1,219) (1,325) (704)
Total realized/unrealized gains (losses) included in net income (loss) 270 (424) (889) (847)
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (47) (52) (134) (144)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Balance, end of period (2,348) (1,695) (2,348) (1,695)
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 266 (423) (894) (843)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Corporate fixed maturity securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 12,978 7,650 9,382 7,101
Total realized/unrealized gains (losses) included in net income (loss) (3) (11) (85) (13)
Total realized/unrealized gains (losses) included in AOCI 409 79 157 439
Purchases 705 732 2,307 1,495
Sales (485) (203) (823) (483)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 512 527 3,339 484
Transfers out of Level 3 (236) (58) (397) (307)
Balance, end of period 13,880 8,716 13,880 8,716
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (5) (4) (48) (8)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 401   135  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period (5) (4) (48) (8)
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 401   135  
Structured Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 4,546 3,242 3,395 3,541
Total realized/unrealized gains (losses) included in net income (loss) 23 10 29 34
Total realized/unrealized gains (losses) included in AOCI 80 0 (18) 41
Purchases 263 425 1,555 597
Sales (282) (116) (570) (408)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 26 0 57 1
Transfers out of Level 3 (324) (104) (116) (349)
Balance, end of period 4,332 3,457 4,332 3,457
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 13 10 34 33
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 80   (18)  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 13 10 34 33
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 80   (18)  
Foreign government        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 15 10 10 10
Total realized/unrealized gains (losses) included in net income (loss) 0 0 0 0
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 (1) (1)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 1
Transfers out of Level 3 (8) 0 (2) 0
Balance, end of period 7 10 7 10
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Municipals        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 0 7 7 0
Total realized/unrealized gains (losses) included in net income (loss) 0 0 0 0
Total realized/unrealized gains (losses) included in AOCI 1 0 1 0
Purchases 2 0 2 7
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 (7) 0
Balance, end of period 3 7 3 7
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 1   1  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 1   1  
Short-term Investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 0 113 17 25
Total realized/unrealized gains (losses) included in net income (loss) 0 1 0 1
Total realized/unrealized gains (losses) included in AOCI 0 0 0 (1)
Purchases 0 251 0 363
Sales 0 (2) (2) (25)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 (15) 0
Balance, end of period 0 363 0 363
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 1 0 1
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 1 0 1
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Other Investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 696 620 799 571
Total realized/unrealized gains (losses) included in net income (loss) 14 5 18 63
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases 0 51 31 80
Sales (60) (22) (97) (60)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 (128) 0 (229) 0
Balance, end of period 522 654 522 654
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 13 6 20 55
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 13 6 20 55
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Separate Accounts        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance, beginning of period 912 925 915 937
Total realized/unrealized gains (losses) included in net income (loss) 0 5 1 10
Total realized/unrealized gains (losses) included in AOCI 0 0 0 0
Purchases 72 89 119 129
Sales (26) (88) (90) (146)
Issuances (2) 0 (4) 2
Settlements 0 (2) 1 (3)
Transfers into Level 3 0 0 10 0
Transfers out of Level 3 (9) 0 (5) 0
Balance, end of period 947 929 947 929
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 0 0 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period 0   0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Changes in unrealized gains (losses) included in net income (loss) for the instruments still held at end of period 0 $ 0 0 $ 0
Changes in unrealized gains (losses) included in AOCI for the instruments still held at end of period $ 0   $ 0